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Dec 13, 2012
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now in michigan, who do they work for, or who did they work for? they used to work for g.m. and ford and chrysler but due to all of those hefty bonuses and corporate greed that consumed the corporate leaders they were so busy getting those bonuses and million dollar bonuses every year, multimillion dollar bonuses in salaries and what not, that they took their hand off of the wheel and they allowed competition from foreign auto makers to overtake their competitive position. and so as a result, they ended up needing a bailout. ford didn't need a bailout. they went and borrowed some money. they did it the right way. and they also did some things to make their business more competitive in terms of the products. and so they were able to weather the storm without a government bailout but chrysler and general motors took money from the people to be able to sustain themselves. they were both corporations -- both corporations were close to being crushed themselves. and the workers would have gone down with them. so we did the right thing here and we provided funds to bail out g.m. an
now in michigan, who do they work for, or who did they work for? they used to work for g.m. and ford and chrysler but due to all of those hefty bonuses and corporate greed that consumed the corporate leaders they were so busy getting those bonuses and million dollar bonuses every year, multimillion dollar bonuses in salaries and what not, that they took their hand off of the wheel and they allowed competition from foreign auto makers to overtake their competitive position. and so as a result,...
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Dec 21, 2012
12/12
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upton. >> the gentleman from michigan. >> thank you, mr. speaker. today we take a stand as we work together to get our $16 trillion national debt under control and put us on a path toward a more sound fiscal future. a spending reduction act of 2012 -- we identify key areas to sensibly reduce spending in the effort to reduce -- replace the blunt instrument known as the sequestered. without this balanced package of savings, in two weeks the sequester is going to cut discretionary spending indiscriminately while shielding the lion's share of the government's budget reductions. critical priority such as th important cancer research and fda review and inspection but it's to keep foods and medicines safe -- they are on the chopping block because we've dealt to engage in a substantive discussion on reforming entitlement programs that threaten to derail the long-term solvency of the u.s. i'm proud of the work of our committee. we identified over $100 billion in savings over the next decade and accomplished in a sensible and responsible manner. we said enoug
upton. >> the gentleman from michigan. >> thank you, mr. speaker. today we take a stand as we work together to get our $16 trillion national debt under control and put us on a path toward a more sound fiscal future. a spending reduction act of 2012 -- we identify key areas to sensibly reduce spending in the effort to reduce -- replace the blunt instrument known as the sequestered. without this balanced package of savings, in two weeks the sequester is going to cut discretionary...
100
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Dec 14, 2012
12/12
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i did want to yield initially to the gentleman from michigan. >> i thank my good friend. i commend you for holding this hearing today. in my entire career, i have fought to ensure the affordable quality health care decisions are in need. the upholding of the law brought to fruition a dream that was had by my father. these are two fundamental provisions. they will achieve our goal of providing affordable health care of high-quality to every american. though the exchange and small businesses will be able to easily shop for health plans that best suits their needs, and the medicaid expansion will provide millions of uninsured americans with access to our nations' --'s -- a nation's healthcare. it is critical we get it right. i hope this hearing will do so. >> the gentleman yield back. the chair recognizes the gentleman from georgia for the purpose of an opening statement. >> i think you. but the distinguished member did not say is -- what the distinguished member did not say is the obama bill results in increased cost of health care and does not bring it down. i find it rema
i did want to yield initially to the gentleman from michigan. >> i thank my good friend. i commend you for holding this hearing today. in my entire career, i have fought to ensure the affordable quality health care decisions are in need. the upholding of the law brought to fruition a dream that was had by my father. these are two fundamental provisions. they will achieve our goal of providing affordable health care of high-quality to every american. though the exchange and small...